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Business
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Economy
12/7/2023 10:02:54 PM
The Egyptian Ministry of Supply and Internal Trade increases the rations of subsidized sugar to families, amid a shortage felt in the market, according to a Cabinet statement on Thursday.
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War on Gaza
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War on Gaza
12/2/2023 1:36:26 PM
US Secretary of State Antony Blinken told Israel’s war cabinet that it cannot operate in south Gaza the way it has done in the north – a reference to the deadly seven weeks of air bombardment and ground operations – according to leaked remarks reported by Israeli media.
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Business
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Economy
11/28/2023 6:29:19 PM
The UAE's major logistics firm, DP World, has commenced construction on a logistics park in Egypt's Red Sea industrial and tourist hub, Ain Sokhna, with an investment of $80 million, according to a Cabinet statement on Tuesday.
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Business
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Economy
11/28/2023 5:12:05 PM
Egypt has recently entered into a memorandum of understanding (MoU) with the South Korean company STX to develop the Mediterranean port of Jarjoub and its affiliated economic logistics zone, according to a Cabinet statement on Tuesday.
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Business
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Economy
11/27/2023 6:39:26 PM
Egypt doesn’t collect the value-added tax (VAT) in foreign currency on imports but on goods and services that are typically paid for in foreign currency, said Minister of Finance Mohamed Maait on Monday, according to a Cabinet statement.
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Business
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Economy
11/27/2023 2:52:44 PM
Egypt’s General Authority for Investments and Free Zone (GAFI) announced launching the first phase of the single-window approval “Golden License” online portal in English and Arabic, according to a cabinet statement on Monday.
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Business
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Economy
11/24/2023 10:18:53 PM
Egypt and Bahrain agreed on 15 cooperation initiatives and 13 MoUs on areas including consumer protection, fighting monopoly, and industrial partnership, according to a Cabinet statement on Thursday.
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Business
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Economy
11/24/2023 11:09:25 AM
Egypt is considering selling real estate units in US dollars to foreigners and expatriates in a collaborative initiative with the private sector, according to a Cabinet statement released on Thursday.
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War on Gaza
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War on Gaza
11/21/2023 10:51:55 PM
Israeli Prime Minister Benjamin Netanyahu told his cabinet Tuesday that accepting a deal for the release of captives taken in the Hamas attacks of October 7 was "a difficult decision but it's a right decision".
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War on Gaza
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War on Gaza
11/18/2023 11:28:33 PM
Israeli Prime Minister Benjamin Netanyahu said in a televised speech on Saturday that his government is coming under increased pressure over its war in the Gaza Strip. In contrast, the defence minister announced the invasion had entered the "second phase" with no deal for those taken captive by Hamas in sight.
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Business
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Energy
11/16/2023 8:51:19 PM
The Egyptian Electricity Transmission Company (EETC) and Belgium’s Jan De Nul signed a memorandum of understanding (MoU) to study a project to export renewable energy to Europe, according to a cabinet statement on Thursday.
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Business
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Economy
11/16/2023 4:06:09 PM
Egypt signed a binding framework agreement with Global Auto to launch a car assembly project in Egypt, read a cabinet statement on Thursday.
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Business
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Economy
11/13/2023 12:43:33 PM
The Egyptian cabinet announced that it will hold a press conference soon to provide updates on the government IPO programme and future planning, said Prime Minister Mostafa Madbouly according to a statement.
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Business
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Economy
11/12/2023 7:51:18 PM
Egyptian state entities signed an agreement with German automobile manufacturer Volkswagen to conduct a feasibility study for the East Port Said Automotive Zone (EPAZ) worth $240 million in investments, according to a Cabinet statement on Sunday.
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Business
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Economy
11/10/2023 12:12:24 PM
Egyptian government and auto manufacturing entities signed framework agreements with three local companies to cooperate in domestic car assembly, according to a Cabinet statement on Thursday.
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Business
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Economy
11/9/2023 3:38:22 PM
Egypt has approved the construction of a new private free zone in Ain Sokhna to produce feldspar and silica-free bio-quartz and lapitec panels, which have diverse industrial and decorative uses.
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Egypt
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Society
11/8/2023 9:34:20 PM
The Egyptian government has extended the grace period for foreigners residing unlawfully in Egypt to adjust their status by three months, a Cabinet statement read on Wednesday.
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Business
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Economy
11/8/2023 9:04:01 PM
Egypt seeks to collect additional revenue of EGP 70 billion ($2.27 billion) from its privatization programme during the fiscal year (FY) 2023/2024, according to a recent book released by the Cabinet’s Information and Decision Support Center (IDSC) on Wednesday.
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Business
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Economy
11/8/2023 8:38:59 PM
The Egyptian Cabinet approved on a Wednesday meeting extending the zero-custom initiative for gold imports by Egyptians abroad for six months ending on 10 May, according to a statement.
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Business
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Economy
11/8/2023 1:39:38 PM
Egypt's Supreme Council for Vehicle Manufacturing is set to sign four partnership agreements with various companies, within a few days to manufacture automobiles in the country, according to a Cabinet statement on Tuesday.
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